IntradayTrade dot Net
Performance Results

Monday, 26-Mar-2012

  • There was relentless selling pressure in our markets today that dragged the NIFTY down below 5200 with a more than 90-point fall. The SENSEX just managed to stay above 17k. Our prediction of a late-day upsurge after Europe opens good was proved wrong today. A bad beginning to Expiry week.
  • Point to note in today's trading was the near absence of the Retail investor. Have a look at the volumes in our 'Market Statistics' page. Almost the whole was accounted for by FIIs and DIIs. Where has the Retail segment gone?
  • It is being said that the sudden drop today, in spite of OK global cues, was because the market feared that there will be no immediate action from RBI either in terms of a rate cut or in terms of even a CRR cut in the forthcoming monetary policy due to inflation, fall of Rupee and high crude oil prices. If this happens, we are in for more trouble.
  • There were also concerns on the new tax imposed on the income of FIIs operating out of Mauritius and also of those operating through P-notes. These new taxes were proposed in this Budget and is supposed to become effective from April 01 this year. Actual implications are not clear.
  • Today was a bad day at the Stock Market for the Suggests of IntradayTrade dot Net as one of them posted a loss following our Alerts. We had identified that AMBUJACEM is going towards its StopLoss and kept warning our members. But our belief that we might see a late uprise kept our hopes alive. That was not to come. This is part of the game and can be expected on a day like today. There were two other Suggests that even gave good profits on such a bad day, but we will not talk about them. Loss is bad.

 

These 6 names were given to our members before market opened today. At about 10am, 2 of these 6 were chosen, based on their initial performance, and StopLoss and Targets were given for these 2. Throughout the day we followed the performance of these 6 stock and gave updates/alerts. Given below are the performance of these 6 stocks today, vis-a-vis the Alerts:

 

SUGGESTS:

 

DISHTV

 

HINDUNILVR

 

SATYAMCOMP

 

ALSO SEE:

AMBUJACEM

BHARTIARTL

CENTURYTEX


 

ALERTS for Monday, 26-Mar-2012

Pre-Market: 9:00am

Gap-down to Flat opening with subdued trading expected today;
Asian markets are mixed this morning trading with uncertain bias;
European closed mostly in the green on easing Europe worries;
US markets also closed in the green on good results forecasts;
Whole world was very choppy in trade; For us, this is Expiry week;
So, wild choppyness will be expected in trade; Also cautiousness;
No specific domestic headline news triggers lined up for today;
Our markets expected to largely follow global cues; Weakness in
the Rupee becoming a matter of concern; Crude prices increasing;
INR-US$ was at 51.2138; WTI Crude is at $106.75;

NIFTY Resistance levels today: 5300, 5340, 5380, 5410, 5440;
NIFTY Support levels are at: 5250, 5230, 5200, 5160, 5140;

Today's trend remains slightly down as per expert opinion;
Trading expected to be subdued, quiet and spirit-less, but choppy;
More Profit booking bouts possible; NIFTY at 5160 is predicted;
We still say: good chance to go up from here till about 5340;
Market likely to open slightly down or flat and then trade
within a range; Then there will come a smart uprise later in the day;
For Intraday: Be watchful; Sudden surprises can happen on both sides;
Best to wait for your opportunity and grab it when it comes;
Maintain Strict StopLoss after you get in; Do not take big risks;
Take small profits and exit; Repeat.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Going flat now in the red;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CENTURYTEX 368 364 374 380 160
HINDUNILVR 401 396 408 410 140

Watch BHARTIARTL>333 and DISHTV>59 if upsurge comes;
All for LONG;

NIFTY around 5220 now; Opened at 5275; Went down to 5205;
Going flat now; Trying to consolidate and hold the fall;
First Support today is at 5190-5200; More Support is at 5160;
First Resistance now is at 5260-5280; More is at 5300;
Asian markets are still trading mixed on slowdown worries;
Our market can take strong direction change after noon;
Till then, going will be choppy, quiet, slow and flat in bias;
Be sure and certain before taking any position in LONG;
Maintain trailing Stop-Loss if holding on to any scrip.

 

ALERT-2: 11:00am

Market in red; Going flat; Choppy; Trying to consolidate;
No Suggest gave any profits in LONG since last Alert;
No Suggest looks good in LONG at this time; All can fire
from present level if market turns up and upsurge comes
with strength; Discard old levels; Look at these levels:
AMBUJACEM>172 BHARTIARTL>330 CENTURYTEX>365
DISHTV>59 HINDUNILVR>401 SATYAMCOMP>81.25;
Be sure and certain before taking position; All for LONG.

NIFTY now around 5220; Went down to below 5200 just now;
Market slow but promising; Slight positive bias developing;
Support of 5190-5200 acted very strong and restricted fall;
More Support is at 5160; Resistance is at 5260-5280-5300;
Asian markets, except Japan, are still mostly red;
Europe expected to open green on receding Eurozone worries;
Our prediction for upward turn later in the day still remains;
Be watchful and take small profits; Repeat many times;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:45pm

NIFTY going flat; Market in red; Slight positive bias not strong;
DISHTV HINDUNILVR gave small profits in LONG since the last Alert;
If you have entered AMBUJACEM at 173, Hold AMBUJACEM>173
with StopLoss of 170; Also Hold DISHTV>60 HINDUNILVR>404;
See now BHARTIARTL>330 CENTURYTEX>356 SATYAMCOMP>81.50;
These can fire anytime if market turns and surge comes;
Maintain strict StopLoss if taking/holding position;
All for LONG.

NIFTY around 5210 now; In the 5190-5220 range since 10am;
Support of 5190-5200 still active; More Support is at 5160;
Resistance is still at these levels: 5260-5280-5300;
Asian markets now mostly green; Europe is also opening green;
Our market has no trigger; Wait for Europe to settle down;
Our prediction for upward turn later in the day still holds
if Europe can maintain positive trading patterns;
Maintain strict StopLoss if holding on to any scrip;
Take small profit and exit; Repeat.

 

ALERT-4: 2:30pm

NIFTY deep in the red; Going down steadily; Negative bias;
No Suggest gave profits in LONG since last Alert;
None look good for LONG now; AMBUJACEM can hit StopLoss;
BHARTIARTL(330) HINDUNILVR(404) are stuck; Can fire;
Hold DISHTV>60 if you are still invested in it;
Maintain strict StopLoss if holding any position;
All for LONG.

NIFTY around 5195 now; Fluctuating in the 5185-5220 range;
Europe opened in the green and is trading OK now;
Did not have any effect in our market; Our upswing
prediction did not work this time; Asian markets mixed;
Support of 5190 still active; More Support is at 5160;
Resistance is still at these levels: 5260-5280-5300;
Profit booking can come in suddenly now; Be careful;
Do not risk profits already made ... Best to Stay Away and not
take any fresh position if you are in profit already.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
53.40 54.50 56.80 57.90 59.10 60.30 61.40

Suggest-1:

DISHTV

Approx. 1st Entry Point: Rs. (Time) 59.25 (1117)
Approx. 1st Exit Point: Rs. (Time) 60.25 (1244)
Avg. No. of Shares Traded: 1010
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 1010

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
389 393 400 403 407 410 414

Suggest-2:

HINDUNILVR

Approx. 1st Entry Point: Rs. (Time) 402 (1212)
Approx. 1st Exit Point: Rs. (Time) 405 (1438)
Avg. No. of Shares Traded: 150
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 450

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
76.40 77.60 80.10 81.40 82.60 83.90 85.10

Suggest-3:

SATYAMCOMP

Approx. 1st Entry Point: Rs. (Time) — Stay Away —
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
163 165 170 173 175 178 180

Also See-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. (Time) 173 (1226)
Approx. 1st Exit Point: Rs. (Time) StopLoss 170 (1443)
Avg. No. of Shares Traded: 340
Approx. Profit per Share: Rs. -3
Approx. Profit Today: Rs. -1020

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
310 315 329 334 341 347 353

Also See-2:

BHARTIARTL

Approx. 1st Entry Point: Rs. (Time) — Stay Away —
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
303 315 342 354 368 381 393

Also See-3:

CENTURYTEX

Approx. 1st Entry Point: Rs. (Time) — Stay Away —
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

 


 

About the profit figures shown in these pages:
  • Time of BUY/SELL is shown in HHMM format. For example, 1025 means 10:25am; similarly 1439 means 14:39 hours or 2:39pm. These are approximate figures.
  • If a Suggest is mentioned in our Alerts, together with StopLoss and Targets, profit will be shown only if the 'See Above' figure is crossed positively and reasonable profits are generated. It is not necessary that Target figures are reached.
  • Once a See Above ( > ) figure is mentioned, we do not show a profit in these pages unless this figure is crossed positively. "Stay Away" is reported even if there is profit to be gained from this Suggest.
  • "Stay Away" is also reported for any Suggest that is not mentioned in our Alert which also does not give any opportunity as per our PricePoints.
  • "MARGINAL" means that this Suggest neither gave any substantial profit, nor did it put a member into a loss situation — if you bought above the indicated level as per our Alert, there was ample chance to get out around that level later on after you realise that prices are not going up.
  • Profit shown for any Suggest that is not mentioned in any Alert is as per our PricePoints. Reasonable profits will have to be generated — it is not necessary that any exact PricePoints are reached.

 

Please Note:
  1. Charts/Data courtesy NSEI/Yahoo!/iCharts/Rediff MoneyWiz.
  2. 'Approx. 1st. Entry Point' is the price at which 'first' entry is made.
  3. There can be more than one entry. Price for subsequent entries not shown.
  4. 'No. of Shares Traded' is calculated on 15k investment and 4x exposure (15000x4=60000) normally allowed by online brokering houses for intraday trading.
  5. 'Approx. Profit per Share' is cumulative of all entries.
  6. Figures within curly brackets {} stand for SHORT sell profits.
  7. All figures are indicative only.
  8. Profit figures given at our website are "estimates" only and do not take into account brokerage charges and other operational costs. This is because these charges can vary widely across the country and it will be misleading to give any one figure that is applicable in any one region in India.  TOP